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Updated over 5 years ago on . Most recent reply

User Stats

234
Posts
83
Votes
Ryan Garrison
  • Rental Property Investor
  • Olympia, WA
83
Votes |
234
Posts

Best HELOCs for Rental Properties

Ryan Garrison
  • Rental Property Investor
  • Olympia, WA
Posted

I had my investment HELOCs through a local credit union called BECU. They shifted their guidelines and are not doing Rental HELOCs right now. They also lowered their LTV limits on their HELOCS.

Who are you using for HELOCS on rentals in the current COVID environment?  

What LTV will they do?

What rates?

Will they do LLC, Personal name, or either?

Please share. Investors need this resource.

  • Ryan Garrison
  • Most Popular Reply

    User Stats

    393
    Posts
    995
    Votes
    Ben Zimmerman
    • Rental Property Investor
    • Raleigh, NC
    995
    Votes |
    393
    Posts
    Ben Zimmerman
    • Rental Property Investor
    • Raleigh, NC
    Replied

    Penfed, 80% LTV 4.75% investment properties as of today.

    https://www.penfed.org/home-eq...

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